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Airfare ceiling prices to go higher
A 20 per cent rise in airfare ceiling prices has been proposed to solve difficulties for businesses.
The proposal was discussed by the Ministry of Transport and the Ministry of Finance and a new ceiling price was expected by the end of next month.
The proposal follows approaches by the Viet Nam Civil Aviation Administration and many domestic airlines asking for permission to increase ticket prices to avoid losses due to the change in the exchange rate.
Department of Transport Director Tran Ngoc Thanh said the depreciation of the dong had raised the amount paid for fuel and services at airports.
The Ministry of Transport had agreed with the proposal to increase the ceiling price by 20 per cent and would send it to the Ministry of Finance for appraisal, he said.
In its deliberations, the Finance Ministry would calculate how much of the burden business would have to share in accordance with Resolution 11 of the Government to curb inflation.
The new ceiling price would be applied by the end next month if the plan was approved by the Finance Ministry.
vietnamnews
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